Key performance indicators (KPIs) used to measure the effectiveness of yield management strategies for short-term rentals. These metrics include occupancy rate, average daily rate (ADR), revenue per available rental (RevPAR), and length of stay.
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Installing smart lighting systems that allow guests to adjust the brightness and color temperature of lights throughout the property, enhancing comfort and…
A process that allows guests to access the property without any face-to-face interaction with the host, typically through keyless entry systems, lockboxes,…
Positive feedback and ratings received from previous guests on platforms like Airbnb and VRBO, contributing to a property’s overall reputation and appeal.
Investment decisions in short-term rentals that consider the growing demand for remote work-friendly accommodations, prioritizing properties with features that appeal to this…